secwatch.observer — SEC 8-K summary
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Issuer:     United States Commodity Index Funds Trust (USCI)
CIK:        0001479247
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0001104659-23-065059
Event type: other_material
Sentiment:  negative
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USCI April net income $1.1M; CPER posts $7.4M net loss on copper futures
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- USCI net income $1,139,018; NAV $196.4M ($54.56/share) after 150k share redemption.
- CPER net loss $7,370,914; NAV $139.4M ($23.84/share) driven by $9.8M unrealized loss on copper futures.
- Combined trust net loss $6,231,896; total NAV $335.8M.
- CPER had net redemptions of 300k shares; trust-wide redemptions totaled 500k shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1479247/000110465923065059/0001104659-23-065059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1479247/000110465923065059/tm2315506d7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-065059

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